SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Covert Richard

(Last) (First) (Middle)
C/O ADEPTUS HEALTH INC.
2941 SOUTH LAKE VISTA

(Street)
LEWISVILLE TX 75067

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/25/2014
3. Issuer Name and Ticker or Trading Symbol
Adeptus Health Inc. [ ADPT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 1,705(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Units of Adeptus Health LLC(2) (2) (2) Class A Common Stock 1,747,778 (2) I See footnote(3)
1. Name and Address of Reporting Person*
Covert Richard

(Last) (First) (Middle)
C/O ADEPTUS HEALTH INC.
2941 SOUTH LAKE VISTA

(Street)
LEWISVILLE TX 75067

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Covert Family Limited Partnership

(Last) (First) (Middle)
C/O ADEPTUS HEALTH INC.
2941 SOUTH LAKE VISTA

(Street)
LEWISVILLE TX 75067

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Covert Operations, LLC

(Last) (First) (Middle)
C/O ADEPTUS HEALTH INC.
2941 SOUTH LAKE VISTA

(Street)
LEWISVILLE TX 75067

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. Represents restricted shares of Class A Common Stock granted to Richard L. Covert.
2. Units of Adeptus Health LLC represent limited liability company units of Adeptus Health LLC and an equal number of shares of Class B Common Stock of Adeptus Health Inc., which together are exchangeable on a one-for-one basis for shares of Class A Common Stock of Adeptus Health Inc. pursuant to the Amended and Restated Limited Liability Company Agreement of Adeptus Health LLC.
3. Units of Adeptus Health LLC are held by the Covert Family Limited Partnership, whose general partner, Covert Operations, LLC is managed by Richard L. Covert.
Remarks:
Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein. Exhibit List: Exhibit 24 - Power of Attorney
By: /s/ Jeffrey Vines, attorney-in-fact for Richard L. Covert, manager of Covert Operations, LLC, general partner of Covert Family Limited Partnership 06/25/2014
By: /s/ Jeffrey Vines, attorney-in-fact for Richard L. Covert, manager of Covert Operations, LLC 06/25/2014
By: /s/ Jeffrey Vines, attorney-in-fact for Richard L. Covert 06/25/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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